As it posted an overall sales increase of 9.9.%, Walgreens Boots Alliance's retail pharmacy USA segment saw sales of $25.7 billion — a 14.4% year-over-year increase, which was largely attributable to acquired Rite Aid stores.
Walgreens Boots Alliance will be working with Verily, an Alphabet company, on multiple projects under an agreement focused on outcomes for patients with chronic conditions and lowering the cost of care.
Through its partnership with tech startup Nuro, the maker of fully unmanned vehicles, Kroger is shipping groceries to customers using driverless cars in Scottsdale, Arizona.
Alongside the sales results, Rite Aid announced it had agreed to key terms of an amended drug purchasing deal with McKesson, continuing the two companies’ relationship for an additional 10 years.
“Delivery right into the fridge” could be in the cards, Marc Lore, the president and CEO of Walmart’s U.S. e-commerce business said in an interview on CNBC’s “Mad Money.”
Justin Mennen will oversee all aspects of Rite Aid’s technology and information operations, including enterprise systems and applications, network, core infrastructure and information security.